Cheltenham offers the infrastructure advantages of a progressive and growing urban environment. Conveniently located off Junctions 10, 11 and 11a of the M5, and with rail links to London, it is also in close proximity to some of the UK’s most beautiful scenery.
Taking its name from the nearby River Chelt, and since the discovery in 1716 of mineral springs in the area, Cheltenham Spa, as it is also known, has been renowned as a ‘health and holiday’ destination.
Current housing prices in Cheltenham are around 20% less than the national average, but 60% higher than neighbouring Gloucester.
It was declared the ‘most desirable property location in Britain’ in 2006, by a house valuation website. In 2014 it was named ‘the best place in the United Kingdom to raise a family’.
The Gold Cup steeplechase contributes £50 million to the local economy Cheltenham is most famous for The Gold Cup, the flagship race of the British steeplechase calendar, attracting in the region of 700,000 people during the season, employing over 60 permanent staff, and up to 5,000 staff during the festival. It is estimated to be worth in the region of £50m to the local economy.
Cheltenham also hosts many other famous festivals throughout the year, from the Food and Drink Festival, to music, science and literature.
Cheltenham - Local Area
Cheltenham was specifically designed in its 18th and 19th century heyday as a pleasure health resort for wealthy visitors, hence why it is often referred to as Cheltenham Spa. The legacy today leaves an exceptional range of quality accommodation, restaurants and entertainment in an elegant town, where many of the regency, architectural and heritage features can still be seen today, with the town maintaining much of its original culture.
The scheme is based in Cheltenham on the site of a former light engineering works. The plan is to demolish the existing buildings and clear the site.
The site has full planning permission for;
4 x 3 bed houses with off-street parking
1 x 2 bed house with off-street parking
2 x 1 bed flats with off-street parking
4 x 1 bed flats with on-street parking
Most properties have garden or yard space.
It is anticipated the project will take 12 months (including a 3 month lead-in), by which time the construction will be complete and all units sold.
Cheltenham is covered by ‘Get Connected Gloucestershire’ a local initiative to provide information and communication technology (ICT). The local council is spending £4.2million of enhancing playground across the
Spirax Sarco is investing £25million at its three local depots, they are a large multi-national who specialise in manufacturing.
Cheltenham is known for its aerospace, aircraft engineering (employing over 5000 people) and government communications. GCHQ or the governments’ Global Communications Head Quarters is in the suburbs of Cheltenham, nicknamed ‘The Doughnut’ it employs 6000 people.
Cheltenham is well connected by all manner of transport, Birmingham Airport is just a hour away, The Cheltenham Flyer connects passengers to London, the M5 runs to Birmingham and Bristol and the M40 to London, local buses, as well as National Express run to Gatwick, Heathrow and directly into London.
Cheltenham is well known for its many quality schools as well as its University. Cheltenham Ladies College in particular, is internationally recognised. World class Oxford University is just 60minutes away.
Cheltenham has a thriving shopping culture, its high street is filled with boutique shops as well as major brand retailers.
Help To Buy
Bastien Jack are proud to be registered with the Government Scheme Help To Buy Scheme (HTB).
What is it? – This is shared equity scheme which assists you in purchasing your new home with a lower deposit, minimum 5% of the purchase price and a 20% equity loan from the Government
Because of this support, lenders taking part are able to offer home buyers more high loan-to-value mortgages (80-95%). You will still be fully responsible for your mortgage repayments. So if you have a 5% deposit, you will need to take out and pay back a 95% mortgage
HTB is available for all purchasers of new homes,
All our homes are available with HTB if you meet your mortgage lending criteria. Our sales team are very familiar with the stringent process and can assist and guide you through.